Sinclair , one of the U.S.’s biggest local TV station groups, announced that its board has authorized a “comprehensive strategic review” for its broadcast business, including potential sales and acquisitions.
Sinclair owns, operates and/or provides services to 178 TV stations in 81 markets affiliated with all major broadcast networks. The Hunt Valley, Maryland-based company also owns Tennis Channel ; multicast networks Charge, Comet, ROAR and The Nest; and NewsON, a national streaming aggregator of local news content.
The company announced Monday (Aug. 11) that it “will evaluate all value-enhancing opportunities, including acquisitions, strategic partnerships, and business combinations, with potential partners in the broadcast and the broader media and technology ecosystem.”
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